April 20, 1993

Advanced Micro Devices Inc. said today that it would immediately begin shipping clones of the Intel Corporation's 486-series computer chip in light of a Federal judge's decision to overturn a jury verdict that had blocked sales of the chips. While the initial shipments by Advanced Micro will be small, the decision's long-term impact could include higher earnings for Advanced Micro, slimmer profit margins for Intel and still lower personal computer prices for consumers. Intel shares plummeted $12.25 today, closing at $97.75 in Nasdaq trading, while Advanced Micro rose correspondingly to close at $28, up $3.875.

The Economy One of the biggest law firms -- Jones, Day, Reavis & Pogue -- will pay the Government $51 million to settle charges that it aided Charles H. Keating Jr. in the fraud that brought on the costliest bankruptcy in the savings and loan debacle. [ Page D1. ] The Fed chairman, Alan Greenspan, told the financial markets not to expect inflationary pressures to re-emerge soon because the banking system remains weak and lending is subdued. [ A15. ]

IT may be the most impenetrable periodical in the English language, and yet hopeful authors sent it 39,475 manuscripts last year, and its 6,000-odd subscribers paid up to $1,000 each to read it. It is The Physical Review, now celebrating its 100th anniversary. At a national meeting of the American Physical Society here on April 13, a crowd of prominent physicists from around the world packed a banquet hall to hear "Songs of the Physical Revue," a collection of science parodies written during his student days at Harvard University by the mathematician-turned-satirist Tom Lehrer.

One of the nation's biggest law firms today agreed to pay the Government $51 million, settling charges that it had aided the financier Charles H. Keating Jr. in the fraud that brought on the costliest bankruptcy of a savings and loan association. The settlement is the largest against a law firm in the savings and loan fiasco.

Hours after Federal agents began battering holes in the walls of the Branch Davidian compound and spraying tear gas inside, David Koresh and more than 80 followers -- including at least 17 children -- apparently perished today when flames engulfed the sprawling wooden complex on the Texas prairie. Officials of the Federal Bureau of Investigation said they believed that Mr. Koresh, a self-described messiah who prophesied to his followers that they would meet their end in an apocalyptic confrontation with the law, gave the order to burn the compound down in the 51st day of a standoff with Federal agents.